Southwest Gas (SWX) Stock Forecast, Price Target & Predictions

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SWX Stock Forecast

Southwest Gas stock forecast is as follows: an average price target of $89.00 (represents a 16.13% upside from SWX’s last price of $76.64) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.

SWX Price Target

The average price target for Southwest Gas (SWX) is $89.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $78.00. This represents a potential 16.13% upside from SWX's last price of $76.64.

SWX Analyst Ratings

Hold

According to 2 Wall Street analysts, Southwest Gas's rating consensus is 'Hold'. The analyst rating breakdown for SWX stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Southwest Gas Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 25, 2024	Sarah Akers	Wells Fargo	$78.00	$73.87	5.59%	1.77%
May 13, 2024	Sarah Akers	Wells Fargo	$77.00	$76.38	0.81%	0.47%
Jun 09, 2022	Kristina Ruggeri	Argus Research	$100.00	$92.21	8.45%	30.48%

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The latest Southwest Gas stock forecast, released on Sep 25, 2024 by Sarah Akers from Wells Fargo, set a price target of $78.00, which represents a 5.59% increase from the stock price at the time of the forecast ($73.87), and a 1.77% increase from SWX last price ($76.64).

Southwest Gas Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	2
Avg Price Target	-	$78.00	$77.50
Last Closing Price	$76.64	$76.64	$76.64
Upside/Downside	-100.00%	1.77%	1.12%

In the current month, the average price target of Southwest Gas stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Southwest Gas's last price of $76.64. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 25, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold
May 17, 2024	Citigroup	Neutral	Neutral	Hold
Jun 01, 2023	Wells Fargo	Equal-Weight	Equal-Weight	Hold

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Southwest Gas's last stock rating was published by Wells Fargo on Sep 25, 2024. The company gave SWX a "Equal-Weight" rating, the same as its previous rate.

Southwest Gas Financial Forecast

Southwest Gas Revenue Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
Revenue	-	-	-	-	-	-	-	-	$1.17B	$1.29B	$1.60B	$1.42B	$1.13B	$1.15B	$1.27B	$1.08B	$888.70M	$821.42M	$885.91M	$914.08M	$791.23M	$757.25M	$836.32M	$848.14M	$725.23M	$713.01M	$833.54M	$754.33M	$654.74M	$731.25M
Avg Forecast	$1.05B	$1.03B	$1.08B	$1.28B	$1.12B	$1.20B	$1.38B	$1.29B	$1.08B	$1.11B	$1.34B	$1.20B	$1.07B	$1.04B	$1.14B	$1.01B	$836.43M	$780.76M	$956.12M	$887.98M	$712.65M	$738.00M	$850.00M	$803.00M	$689.00M	$724.14M	$770.16M	$740.42M	$745.00M	$749.30M
High Forecast	$1.07B	$1.05B	$1.10B	$1.30B	$1.15B	$1.20B	$1.38B	$1.39B	$1.10B	$1.13B	$1.36B	$1.22B	$1.07B	$1.04B	$1.14B	$1.01B	$836.43M	$780.76M	$956.12M	$887.98M	$712.65M	$738.00M	$850.00M	$803.00M	$689.00M	$724.14M	$770.16M	$888.50M	$894.00M	$899.16M
Low Forecast	$1.03B	$1.01B	$1.06B	$1.25B	$1.08B	$1.20B	$1.38B	$1.20B	$1.06B	$1.08B	$1.31B	$1.17B	$1.07B	$1.04B	$1.14B	$1.01B	$836.43M	$780.76M	$956.12M	$887.98M	$712.65M	$738.00M	$850.00M	$803.00M	$689.00M	$724.14M	$770.16M	$592.33M	$596.00M	$599.44M
# Analysts	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11	15
Surprise %	-	-	-	-	-	-	-	-	1.08%	1.17%	1.20%	1.19%	1.06%	1.11%	1.11%	1.07%	1.06%	1.05%	0.93%	1.03%	1.11%	1.03%	0.98%	1.06%	1.05%	0.98%	1.08%	1.02%	0.88%	0.98%

Southwest Gas's average Quarter revenue forecast for Dec 23 based on 2 analysts is $1.29B, with a low forecast of $1.20B, and a high forecast of $1.39B. SWX's average Quarter revenue forecast represents a 10.71% increase compared to the company's last Quarter revenue of $1.17B (Sep 23).

Southwest Gas EBITDA Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11	15
EBITDA	-	-	-	-	-	-	-	-	$180.20M	$145.35M	$338.02M	$402.25M	$168.31M	$150.30M	$292.12M	$216.14M	$109.29M	$139.45M	$265.79M	$242.58M	$133.41M	$150.80M	$214.79M	$221.26M	$-14.13M	$203.12M	$224.28M	$188.50M	$196.14M	$211.27M
Avg Forecast	$429.23M	$422.34M	$442.79M	$522.10M	$456.34M	$489.96M	$348.92M	$529.80M	$441.98M	$452.28M	$317.20M	$133.09M	$436.17M	$423.81M	$288.36M	$414.53M	$342.25M	$319.47M	$250.56M	$363.35M	$291.60M	$301.98M	$250.36M	$328.58M	$281.93M	$296.31M	$192.45M	$184.97M	$219.91M	$216.48M
High Forecast	$437.62M	$430.60M	$451.44M	$532.31M	$469.14M	$489.96M	$418.70M	$567.34M	$450.63M	$461.12M	$380.64M	$159.71M	$436.17M	$423.81M	$346.03M	$414.53M	$342.25M	$319.47M	$300.68M	$363.35M	$291.60M	$301.98M	$300.44M	$328.58M	$281.93M	$296.31M	$230.94M	$221.96M	$263.89M	$259.78M
Low Forecast	$420.83M	$414.08M	$434.13M	$511.89M	$443.54M	$489.96M	$279.13M	$492.25M	$433.34M	$443.43M	$253.76M	$106.48M	$436.17M	$423.81M	$230.69M	$414.53M	$342.25M	$319.47M	$200.45M	$363.35M	$291.60M	$301.98M	$200.29M	$328.58M	$281.93M	$296.31M	$153.96M	$147.97M	$175.93M	$173.19M
Surprise %	-	-	-	-	-	-	-	-	0.41%	0.32%	1.07%	3.02%	0.39%	0.35%	1.01%	0.52%	0.32%	0.44%	1.06%	0.67%	0.46%	0.50%	0.86%	0.67%	-0.05%	0.69%	1.17%	1.02%	0.89%	0.98%

2 analysts predict SWX's average Quarter EBITDA for Dec 23 to be $529.80M, with a high of $567.34M and a low of $492.25M. This is 194.01% upper than Southwest Gas's previous annual EBITDA (Sep 23) of $180.20M.

Southwest Gas Net Income Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11	15
Net Income	-	-	-	-	-	-	-	-	$3.23M	$28.88M	$45.91M	$-710.38M	$-11.32M	$-6.08M	$96.18M	$71.18M	$-9.29M	$25.12M	$117.29M	$103.54M	$18.27M	$37.97M	$72.54M	$91.72M	$5.35M	$22.06M	$94.81M	$79.09M	$69.31M	$75.45M
Avg Forecast	$15.90M	$36.92M	$80.73M	$91.34M	$11.75M	$34.91M	$138.13M	$69.93M	$1.75M	$24.33M	$125.57M	$105.41K	$22.96M	$38.89M	$114.16M	$112.82M	$9.50M	$32.01M	$110.57M	$114.50M	$15.94M	$31.09M	$84.56M	$103.98M	$19.45M	$28.40M	$81.35M	$77.61M	$77.71M	$77.31M
High Forecast	$16.31M	$37.86M	$82.78M	$93.66M	$12.04M	$34.92M	$165.75M	$72.81M	$1.80M	$24.95M	$150.68M	$126.50K	$22.96M	$38.89M	$136.99M	$112.82M	$9.50M	$32.01M	$132.69M	$114.50M	$15.94M	$31.09M	$101.47M	$103.98M	$19.45M	$28.40M	$97.62M	$93.13M	$93.25M	$92.77M
Low Forecast	$15.50M	$35.98M	$78.68M	$89.02M	$11.46M	$34.90M	$110.50M	$67.05M	$1.71M	$23.71M	$100.46M	$84.33K	$22.96M	$38.89M	$91.32M	$112.82M	$9.50M	$32.01M	$88.46M	$114.50M	$15.94M	$31.09M	$67.64M	$103.98M	$19.45M	$28.40M	$65.08M	$62.09M	$62.17M	$61.85M
Surprise %	-	-	-	-	-	-	-	-	1.84%	1.19%	0.37%	-6739.07%	-0.49%	-0.16%	0.84%	0.63%	-0.98%	0.78%	1.06%	0.90%	1.15%	1.22%	0.86%	0.88%	0.28%	0.78%	1.17%	1.02%	0.89%	0.98%

Southwest Gas's average Quarter net income forecast for Dec 23 is $69.93M, with a range of $67.05M to $72.81M. SWX's average Quarter net income forecast represents a 2064.36% increase compared to the company's last Quarter net income of $3.23M (Sep 23).

Southwest Gas SG&A Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11	15
SG&A	-	-	-	-	-	-	-	-	$183.00K	-	$-270.00K	-	-	-	-	$7.00K	-	-	-	-	-	-	$-8.00K	$-29.00K	$-24.00K	$-31.00K	$-18.00K	$-6.00K	$2.80M	$900.00K
Avg Forecast	$-1.67K	$-1.65K	$-1.73K	$-2.04K	$-1.78K	$-1.91K	$-2.20K	$-2.07K	$-1.72K	$-1.76K	$-2.13K	$-1.91K	$-1.70K	$-1.65K	$-1.83K	$-1.62K	$-1.33K	$-1.25K	$-1.53K	$-1.42K	$-1.14K	$-1.18K	$-9.32K	$-1.28K	$-1.10K	$-1.16K	$-15.45K	$-5.89K	$3.14M	$922.22K
High Forecast	$-1.64K	$-1.61K	$-1.69K	$-2.00K	$-1.73K	$-1.91K	$-2.20K	$-1.92K	$-1.69K	$-1.73K	$-2.09K	$-1.87K	$-1.70K	$-1.65K	$-1.83K	$-1.62K	$-1.33K	$-1.25K	$-1.53K	$-1.42K	$-1.14K	$-1.18K	$-7.46K	$-1.28K	$-1.10K	$-1.16K	$-12.36K	$-4.71K	$3.77M	$1.11M
Low Forecast	$-1.71K	$-1.68K	$-1.76K	$-2.08K	$-1.83K	$-1.91K	$-2.20K	$-2.21K	$-1.76K	$-1.80K	$-2.18K	$-1.95K	$-1.70K	$-1.65K	$-1.83K	$-1.62K	$-1.33K	$-1.25K	$-1.53K	$-1.42K	$-1.14K	$-1.18K	$-11.19K	$-1.28K	$-1.10K	$-1.16K	$-18.53K	$-7.07K	$2.51M	$737.78K
Surprise %	-	-	-	-	-	-	-	-	-106.15%	-	126.52%	-	-	-	-	-4.33%	-	-	-	-	-	-	0.86%	22.64%	21.84%	26.84%	1.17%	1.02%	0.89%	0.98%

Southwest Gas's average Quarter SG&A projection for Dec 23 is $-2.07K, based on 2 Wall Street analysts, with a range of $-2.21K to $-1.92K. The forecast indicates a -101.13% fall compared to SWX last annual SG&A of $183.00K (Sep 23).

Southwest Gas EPS Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11	15
EPS	-	-	-	-	-	-	-	-	$0.05	$0.40	$0.67	$-10.57	$-0.17	$-0.09	$1.58	$1.17	$-0.16	$0.43	$2.04	-	$0.32	$0.68	$1.31	$1.67	$0.10	$0.41	$1.78	$1.63	$1.46	$1.59
Avg Forecast	$0.22	$0.51	$1.12	$1.27	$0.16	$0.48	$1.42	$0.97	$0.02	$0.34	$1.42	$1.69	$0.32	$0.54	$2.11	$1.57	$0.13	$0.44	$1.92	$1.59	$0.22	$0.43	$1.55	$1.44	$0.27	$0.39	$1.58	$1.57	$1.85	$1.66
High Forecast	$0.23	$0.53	$1.15	$1.30	$0.17	$0.48	$1.42	$1.01	$0.02	$0.35	$1.42	$1.74	$0.32	$0.54	$2.11	$1.57	$0.13	$0.44	$1.92	$1.59	$0.22	$0.43	$1.55	$1.44	$0.27	$0.39	$1.58	$1.88	$2.22	$1.99
Low Forecast	$0.21	$0.50	$1.09	$1.23	$0.16	$0.48	$1.42	$0.93	$0.02	$0.33	$1.42	$1.65	$0.32	$0.54	$2.11	$1.57	$0.13	$0.44	$1.92	$1.59	$0.22	$0.43	$1.55	$1.44	$0.27	$0.39	$1.58	$1.26	$1.48	$1.33
Surprise %	-	-	-	-	-	-	-	-	2.06%	1.19%	0.47%	-6.24%	-0.53%	-0.17%	0.75%	0.75%	-1.21%	0.97%	1.06%	0.00%	1.45%	1.58%	0.84%	1.16%	0.37%	1.04%	1.13%	1.04%	0.79%	0.96%

According to 2 Wall Street analysts, Southwest Gas's projected average Quarter EPS for Dec 23 is $0.97, with a low estimate of $0.93 and a high estimate of $1.01. This represents a 1840.20% increase compared to SWX previous annual EPS of $0.05 (Sep 23).

Southwest Gas Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NWN	Northwest Natural Company	$41.29	$48.75	18.07%	Hold
SWX	Southwest Gas	$76.64	$89.00	16.13%	Hold
SR	Spire	$65.69	$69.33	5.54%	Buy
NJR	New Jersey Resources	$47.73	$47.00	-1.53%	Hold
CPK	Chesapeake Utilities	$126.45	$123.50	-2.33%	Hold
NWE	NorthWestern	$55.27	$51.20	-7.36%	Buy

SWX Forecast FAQ

Is Southwest Gas a good buy?

No, according to 2 Wall Street analysts, Southwest Gas (SWX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of SWX's total ratings.

What is SWX's price target?

Southwest Gas (SWX) average price target is $89 with a range of $78 to $100, implying a 16.13% from its last price of $76.64. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Southwest Gas stock go up soon?

According to Wall Street analysts' prediction for SWX stock, the company can go up by 16.13% (from the last price of $76.64 to the average price target of $89), up by 30.48% based on the highest stock price target, and up by 1.77% based on the lowest stock price target.

Can Southwest Gas stock reach $110?

SWX's average twelve months analyst stock price target of $89 does not support the claim that Southwest Gas can reach $110 in the near future.

What are Southwest Gas's analysts' financial forecasts?

SWX's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $4.97B (high $5.03B, low $4.91B), average EBITDA is $1.82B (high $1.91B, low $1.72B), average net income is $276.12M (high $306.37M, low $245.87M), average SG&A $-7.93K (high $-7.84K, low $-8.019K), and average EPS is $3.33 (high $3.37, low $3.3).

Did the SWX's actual financial results beat the analysts' financial forecasts?

Based on Southwest Gas's last annual report (Dec 2023), the company's revenue was $5.43B, beating the average analysts forecast of $4.82B by 12.80%. Apple's EBITDA was $633.63M, missing the average prediction of $1.74B by -63.61%. The company's net income was $150.89M, missing the average estimation of $221.59M by -31.90%. Apple's SG&A was $0, missing the average forecast of $-7.688K by -100.00%. Lastly, the company's EPS was $2.13, missing the average prediction of $2.75 by -22.62%. In terms of the last quarterly report (Sep 2023), Southwest Gas's revenue was $1.17B, beating the average analysts' forecast of $1.08B by 8.27%. The company's EBITDA was $180.2M, missing the average prediction of $441.98M by -59.23%. Southwest Gas's net income was $3.23M, beating the average estimation of $1.75M by 84.28%. The company's SG&A was $183K, missing the average forecast of $-1.724K by -10714.85%. Lastly, the company's EPS was $0.05, beating the average prediction of $0.0243 by 105.57%